Nova Iron and Steel Independent Director Resigns

Key Event Details

Ms. Kusum Naruka (DIN: 10679553) resigned from her position as Independent Director of Nova Iron and Steel Limited with immediate effect on June 3, 2026. The resignation was submitted via letter dated June 3, 2026, citing professional commitments as the reason.

Committee Memberships Ceased

Following her resignation, Ms. Naruka ceased to be a member of the following board committees:

• Audit Committee
• Nomination & Remuneration Committee
• Stakeholders Relationship Committee

Other Directorships and Committee Memberships

Ms. Naruka continues to hold:

• Directorship at Marble Finvest Limited
• Committee memberships at Marble Finvest Limited:
• Audit Committee - Member
• Nomination & Remuneration Committee - Member
• Stakeholders Relationship Committee - Member

Document Submission

The disclosure was submitted to Bombay Stock Exchange Limited on June 9, 2026, by Dheeraj Kumar, Company Secretary of Nova Iron and Steel Limited.

Financial Impact

No financial impact disclosed in the filing.

Governance Impact

The resignation results in a vacancy for Independent Director position and requires reconstitution of three board committees.